YOU ... unlike most people around here ... are thinking clearly.
Kudos.
Notice, GA "Logic" has no real answer when asked to back up his claim of why DJT is supposedly "cheap."
Take a look at their financial statements (something nobody here seems to want to do on any stock).
$4 million revenue, BUT loses $40+ million/year.
https://finance.yahoo.com/quote/DJT/financials
What is a stock like that worth?
Not much.
Trump is involved, so I say that it MIGHT turn around, but why get in the way of a train coming through the tunnel at you?
Wait until the coast is clear, and then buy, if you want to.
The stock came public at a massively overpriced level.
I predicted (here on GAW) that BBBY would go bankrupt. It did. I would say the same about this stock ... IF ... Trump were not involved. That is the only wildcard that makes me curious about how they might turn it around.
The DJT financial statements stated that they warned they might not be able to continue as a going concern (i.e. they could go bankrupt).
But ... we don't know what Trump has in mind, and I won't underestimate him.
Still, Trump and the stock are 2 different things.
There are a bunch of stock touts on Reddit that claim all sorts of bullshit and it is eaten up by certain people who bring that garbage to GAW, without doing any real research of their own.
Hence, the "To da Moon!" rah rah.
I predicted BBBY would go bankrupt. It did.
I predicted GME would tank. It is down 90+% from the high.
I have warned that DJT, while it is great that it finally went public, and Trump cannot be underestimated, that the stock is WAY overvalued right now.
I also accurately called the stock market top -- to the day -- 2+ weeks ago.
So, my advice is to buy a SMALL amount if you JUST WANT TO HAVE FUN.
But if you want to actually make money and/or avoid losing money, WAIT until the company shows that it has more than bullshit hype going for it.
YOU ... unlike most people around here ... are thinking clearly.
Kudos.
Notice, GA "Logic" has no real answer when asked to back up his claim of why DJT is supposedly "cheap."
Take a look at their financial statements (something nobody here seems to want to do on any stock).
$4 million revenue, BUT loses $40+ million/year.
https://finance.yahoo.com/quote/DJT/financials
What is a stock like that worth?
Not much.
Trump is involved, so I say that it MIGHT turn around, but why get in the way of a train coming through the tunnel at you?
Wait until the coast is clear, and then buy, if you want to.
The stock came public at a massively overpriced level.
I predicted (here on GAW) that BBBY would go bankrupt. It did. I would say the same about this stock ... IF ... Trump were not involved. That is the only wildcard that makes me curious about how they might turn it around.
The DJT financial statements stated that they warned they might not be able to continue as a going concern (i.e. they could go bankrupt).
But ... we don't know what Trump has in mind, and I won't underestimate him.
Still, Trump and the stock are 2 different things.
There are a bunch of stock touts on Reddit that claim all sorts of bullshit and it is eaten up by certain people who bring that garbage to GAW, without doing any real research of their own.
Hence, the "To da Moon!" rah rah.
I predicted BBBY would go bankrupt. It did.
I predicted GME would tank. It is down 90+% from the high.
I have warned that DJT, while it is great that it finally went public, and Trump cannot be underestimated, that the stock is WAY overvalued right now.
I also accurately called the stock market top -- to the day -- 2+ weeks ago.
So, my advise is to buy a SMALL amount if you JUST WANT TO HAVE FUN.
But if you want to actually make money and/or avoid losing money, WAIT until the company shows that it has more than bullshit hype going for it.
YOU ... unlike most people around here ... are thinking clearly.
Kudos.
Notice, GA "Logic" has no real answer when asked to back up his claim of why DJT is supposedly "cheap."
Take a look at their financial statments (something nobody here seems to want to do on any stock).
$4 million revenue, BUT loses $40+ million/year.
https://finance.yahoo.com/quote/DJT/financials
What is a stock like that worth?
Not much.
Trump is involved, so I say that it MIGHT turn around, but why get in the way of a train coming through the tunnel at you?
Wait until the coast is clear, and then buy, if you want to.
The stock came public at a massively overpriced level.
I predicted (here on GAW) that BBBY would go bankrupt. It did. I would say the same about this stock ... IF ... Trump were not involved. That is the only wildcard that makes me curious about how they might turn it around.
The DJT financial statements stated that they warned they might not be able to continue as a going concern (i.e. they could go bankrupt).
But ... we don't know what Trump has in mind, and I won't underestimate him.
Still, Trump and the stock are 2 different things.
There are a bunch of stock touts on Reddit that claim all sorts of bullshit and it is eaten up by certain people who bring that garbage to GAW, without doing any real research of their own.
Hence, the "To da Moon!" rah rah.
I predicted BBBY would go bankrupt. It did.
I predicted GME would tank. It is down 90+% from the high.
I have warned that DJT, while it is great that it finally went public, and Trump cannot be underestimated, that the stock is WAY overvalued right now.
I also accurately called the stock market top -- to the day -- 2+ weeks ago.
So, my advise is to buy a SMALL amount if you JUST WANT TO HAVE FUN.
But if you want to actually make money and/or avoid losing money, WAIT until the company shows that it has more than bullshit hype going for it.